Sweden's AMF turns to alternatives, positions for economic downturn

Jonathan Boyd
clock • 2 min read

In reporting its first half results to the end of June, Swedish insurer AMF has issued a warning that despite strong returns from equity over the period, the performance of markets actually reflected growing concerns about a downturn in the global economy, which the insurer has braced for through taking additional long-term positions, including unlisted companies and alternative asset classes such as forrests. Total return for the period was reported as 8.1% (in SEK) compared with 3.5% for the same period a year ago. There was a drop in the solvency ratio to 186% from 198% after some SEK...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.